Update shared on29 Jul 2025
Fair value Increased 17%The notable upward revision in Syrma SGS Technology's price target reflects improved consensus revenue growth forecasts alongside a rising future P/E, resulting in a new fair value of ₹715.32.
What's in the News
- Syrma SGS Technology and its subsidiary entered a joint venture with Shinhyup Electronics (South Korea) to manufacture multi-layer and flexible PCBs, with Syrma holding 75% in the JV.
- Entered a strategic partnership to manufacture Dynabook's portfolio of B2B laptops in India, aligning with the 'Make in India' initiative.
- Incorporated a wholly owned subsidiary, Syrma Components Private Limited, to manufacture electronic components and printed circuit boards; business operations yet to commence.
- Approved the incorporation of two wholly owned subsidiaries focused on manufacturing electronic components and PCBs.
- Board meetings scheduled to approve quarterly results, potential dividend, and possible fundraise via Qualified Institutional Placement.
Valuation Changes
Summary of Valuation Changes for Syrma SGS Technology
- The Consensus Analyst Price Target has significantly risen from ₹616.00 to ₹715.32.
- The Consensus Revenue Growth forecasts for Syrma SGS Technology has significantly risen from 28.6% per annum to 32.4% per annum.
- The Future P/E for Syrma SGS Technology has significantly risen from 38.57x to 43.19x.
Disclaimer
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